In today’s top payments news around the world, the United Kingdom may clamp down on late payments to suppliers, while South Korean FinTech Kakao Pay is reportedly gearing up for an initial public offering (IPO). Plus, SWIFT rolled out a services for low-value international payments. Get the...
Amid the accelerating shift to digital sales during COVID-19 restrictions, U.K. car sales platform Cazoo has notched $310 million in funding, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The demand for giant warehouses has surged due to the boost the COVID-19 crisis has given to eCommerce, a new report said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
General Atlantic, a New York-based global growth equity firm, announced it will invest 3,675 crore into RRVL, a subsidiary of Reliance Industries in Mumbai, India. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The highs will be high and the lows will be low. That in a nutshell is Salesforce’s take on Holiday 2020, which it delivered in a press event on Wednesday (Sept. 30). The company’s quarterly outlook predicted huge numbers for eCommerce, which will result in...
By 2025, it is estimated that $86 billion will be spent on in-car commerce. That number assumes that human beings would be the ones giving the commands. But what if humans were removed from the in-car Commerce process – just as they have been removed...
As major retailers get ready for a wave of October holiday shoppers, store design and safety is still top priority. Both Walmart and Target have announced new configurations and pandemic-inspired changes to keep shoppers safe. Get the Full Story Complete the form to unlock this...
Bed Bath & Beyond Inc. reported on Thursday (Oct. 1) that its comparable sales climbed roughly 6 percent in Q2 of fiscal 2020, marking its first comparable sales growth as of Q4 fiscal 2016. Get the Full Story Complete the form to unlock this article...
As the coronavirus health crisis has moved more consumers online, H&M has indicated that it intends to reduce its worldwide brick-and-mortar footprint by 250 shops. The closures for the second-largest fashion retailer around the globe will occur in 2021, BBC reported. Get the Full Story...
